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Aug 6, 2013
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in detroit anymore. the guy on the left of your screen here is dave bing who is the mayor of detroit elected by the people in 2009. he's not running again for the position and i think i know why. the guy on the right is kevin ohr, detroit's emergency manager, he was never elected to his position, he was put in place by michigan's governor. he makes 75% more than the governor makes. whatever he wants, detroit does because he is the emergency manager not the elected leader and emergency managers get to run that city now, not the people who get elected. so tomorrow we'll go through the motions, more than a than a doz will be running in a primary to become detroit's next powerless figurehead mayor who can't do anything. the top two finishers regardless of party will move on to the general election in november and that will give the people of detroit another chance to take part in a pointless exercise in fake democracy that ought to be called a pageant and not an election. and although maybe it's not a bad id
in detroit anymore. the guy on the left of your screen here is dave bing who is the mayor of detroit elected by the people in 2009. he's not running again for the position and i think i know why. the guy on the right is kevin ohr, detroit's emergency manager, he was never elected to his position, he was put in place by michigan's governor. he makes 75% more than the governor makes. whatever he wants, detroit does because he is the emergency manager not the elected leader and emergency managers...
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detroit has had cades of warnings. they were spending too much, regulating too much,riving people out of the city, governing poorly. they didn't care, they thought they would be bailed out, they thought other people would pay for their mistakes and the answer is no. enough cities and many states have begun to turn themselves around on unfunded pension liabilities and civil service costs. those states, utah and wisconsin and new jersey and louisiana, those states are not going to loot their taxpayers to pay for cities and states that didn't do anything to take care of themlves. not happening. >> and let's turn now to immigration. word out today, breitbart.com reporting they have corroborating sources saying congressman bob goodlatte is ready to rescue the once dead on arrival gang of eight immigration bill. your reaction? >> well, that's a silly way to put it. what goodlatte doing is what republicans in the house have always said they'reoing to do. they're always vaguely interested in what the senate does. they're never
detroit has had cades of warnings. they were spending too much, regulating too much,riving people out of the city, governing poorly. they didn't care, they thought they would be bailed out, they thought other people would pay for their mistakes and the answer is no. enough cities and many states have begun to turn themselves around on unfunded pension liabilities and civil service costs. those states, utah and wisconsin and new jersey and louisiana, those states are not going to loot their...
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ink detroit. >> thinking detroit, we're going to take up that issue later here in the broadcast with a congressman who wants the federal government to step in, do you think that that is going >> the house of representatives and the senate are not going to allow the president to throw american taxpayer money at detroit or other failed cities. detroit has had decades of warnings. they were spending too much, regulating too much, driving people out othe city, governing poorly. they didn't care, they thought they would be bailed out, they thought other people would pay for their mistakes and the answer is no. enough cies and many states have begun to turn themselves around on unfunded pension liabilities and civil service costs. those stat, utah and wisconsin and new jersey and louisiana, those states are not goin to loot their taxpayers to pay for cities and sates that didn't do anythingo take care of themselves. not ppening. >> and let's turn nowto immigration. word out today, breitbart.com reporting they have corroborating sources saying congressman bob goodlatte is ready to rescue t
ink detroit. >> thinking detroit, we're going to take up that issue later here in the broadcast with a congressman who wants the federal government to step in, do you think that that is going >> the house of representatives and the senate are not going to allow the president to throw american taxpayer money at detroit or other failed cities. detroit has had decades of warnings. they were spending too much, regulating too much, driving people out othe city, governing poorly. they...
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Aug 3, 2013
08/13
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take your pick. >> detroit, you have to analyze what really happened there. why did it go wrong? now, there are obvious things. the city what's been run by democrats unchecked since the last republican mayor was 1957. okay? you've had -- that town has been a petri dish of everything the democrat party stands for, everything the democrat party loves. massive unions, massive pensions. pay people pensions and health care long after they've stopped working. the math doesn't add up. you have massive welfare states where citizens are given things left and right in order to buy their votes. you have no opposition whatsoever. then in the case of -- you throw race into the mix and you bring on mayor coleman young who causes riots in 1967 in detroit and mayor young calls a white flight to suburbia and detroit is left with nothing but liberal democrats running it. it is what it is. and anyplace in this country that has similar circumstances, the same fate is going to happen to them. poverty was the other thing? >> poverty. lbj said the war on poverty. we'll have legislation to try to eradic
take your pick. >> detroit, you have to analyze what really happened there. why did it go wrong? now, there are obvious things. the city what's been run by democrats unchecked since the last republican mayor was 1957. okay? you've had -- that town has been a petri dish of everything the democrat party stands for, everything the democrat party loves. massive unions, massive pensions. pay people pensions and health care long after they've stopped working. the math doesn't add up. you have...
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Aug 21, 2013
08/13
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he was known for gritty realism and forceful dialogue, referred to as the dickens of detroit. 26 of his books have been adapted for the big screen, get shorty quoigt out of sight quoi 310 to yuma." we talked about paying tribute to someone of the great writers, we thought one of the best ways was to hear from the man himself. >> i'll come to my desk about 9:30 and work. but i always work until 6:00. rarely have lunch. the idea of lunch doesn't interest me at all, i'm not hungry. i'm just into what i'm doing. i write in longhand, and it's just to me that's writing, you know? and then i put it on a typewriter. i just stop at 6:00 because you got to stop sometime. but, still, yeah, the character, though, could still be in my head. and maybe i might even sound hike that character. maybe all day long i might sound like that character. and my wife might say, well, i know who you are today. i never, ever write from my own point of view. i never use my words. i don't want them to hear me telling them what the -- or showing them what the book is about. i want them immersed in it the same way tha
he was known for gritty realism and forceful dialogue, referred to as the dickens of detroit. 26 of his books have been adapted for the big screen, get shorty quoigt out of sight quoi 310 to yuma." we talked about paying tribute to someone of the great writers, we thought one of the best ways was to hear from the man himself. >> i'll come to my desk about 9:30 and work. but i always work until 6:00. rarely have lunch. the idea of lunch doesn't interest me at all, i'm not hungry. i'm...
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Aug 2, 2013
08/13
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for the success of detroit. thanks very much. >> thanks, chuck. >> for more, check out our website. it's one of a handful of mayor races we think you should keep an eye on this challenger year. for the last type -- i know we said that the last time, but we really need it this time. it really is the last time as the president's chief economic adviser allen krueger join us on the july numbers just out this morning. plus primary problems not for one, not for two, we're up to three senators with big primary challenges. the challenge ahead for mcconnell and graham are unique amongst themselves. the gaggle will be here. first, the white house soup of the day. it's friday, means it's a seafood day, and they throw in to make it a little spicy, seafood gumbo. we'll be right back. >>> the july jobs report came in short of market expectations. even with the jobless rate falling the last two months, were also revised downward. wall street is taking a dim view of things. not surprising. they had a boom day yesterday. all thr
for the success of detroit. thanks very much. >> thanks, chuck. >> for more, check out our website. it's one of a handful of mayor races we think you should keep an eye on this challenger year. for the last type -- i know we said that the last time, but we really need it this time. it really is the last time as the president's chief economic adviser allen krueger join us on the july numbers just out this morning. plus primary problems not for one, not for two, we're up to three...
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Aug 1, 2013
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the average negligence detroit -- average pension in detroit is $19,000. hardly lavish. the pensions and i would argue we have to save detroit. >> neil: a lot of cities in line. i'm not blaming unions. a lot of inept imaginer -- managers that let his happened but unfunded high schools that can't -- unopportunitied liabilities. you have a host of other u.s. cities in arrears, a number of states on the brink. where do you draw the line? >> the problem in detroit is similar to other stays and that's a conscious effort to deindustrialize america. these are primarily industrial cities. and when we moved production offshore, we lost good-paying jobs -- >> neil: i understand that but it happened. we can blame a lot of people. but it's done. now what do you do to correct that? >> and we lost two-thirds of the population. there's no enter prize in america that can do well,. >> neil: where is the money going to come from? >> we bailed out the banks. and those folks are doing better now than they've ever been. >> neil: bailed out the auto company. >> we gave them a bridge loan. so
the average negligence detroit -- average pension in detroit is $19,000. hardly lavish. the pensions and i would argue we have to save detroit. >> neil: a lot of cities in line. i'm not blaming unions. a lot of inept imaginer -- managers that let his happened but unfunded high schools that can't -- unopportunitied liabilities. you have a host of other u.s. cities in arrears, a number of states on the brink. where do you draw the line? >> the problem in detroit is similar to other...
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Aug 11, 2013
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affiliate in yemen was trying to bomb western jet liners oh over detroit several years ago. so this has been going on for some time. al-qaeda in north africa tried to take over mali and would have succeeded had it not been for french intervention. >> paul: is mali really a threat to us? >> you could have made the same argument as afghanistan, a remote middle country in the middle of asia but it's a threat that it provides a secure base that al-qaeda can plan and plot. that is the issue. now, the biggest threat increasingly is syria where we have literally thousands of fighters affiliated with a front and other al-qaeda ideologically linked groups that are gaining strength. they are gaining expertise. they are gaining and creating sanctuaries. >> paul: and presumably hard to penetrate? >> they are importing jihadis from europe and going to perpetrate things. >> paul: we were told the syria isn't our fight, it's irrelevant to our security. it's over there, it's the middle east. we need to withdraw from the middle east and pivoted to asia because we have been stirring the horne
affiliate in yemen was trying to bomb western jet liners oh over detroit several years ago. so this has been going on for some time. al-qaeda in north africa tried to take over mali and would have succeeded had it not been for french intervention. >> paul: is mali really a threat to us? >> you could have made the same argument as afghanistan, a remote middle country in the middle of asia but it's a threat that it provides a secure base that al-qaeda can plan and plot. that is the...
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Aug 8, 2013
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his vice president summed it up saying bin laden is dead and detroit is alive. but the fact is you have had to walk that back because there is a threat. apparently serious enough to close all of these embassies. and more broadly, i think you are seeing the collapse of a lot of the progressive doctrine that has gone into obama's foreign policy this notion that beginning even before obama took office in berlin that you could go and apologize for america. blow kisses at europe, then, you know, outstretch your hand to iran and now you go to cairo, apologize for america. apologize for a cia operation that took place nearly a decade before obama was gone. and end wars. and that that would somehow make these threats go away. it just hadn't happened. obama still can't name the threat we face. saying it's just extremism. i know someone who calls himself extreme yoga instructor. put her in guantanamo and make the enemy safer. the enemy in this regard is islamism. we are doing just about nothing to fight that. >> laura: christian, i will take issue with something you said
his vice president summed it up saying bin laden is dead and detroit is alive. but the fact is you have had to walk that back because there is a threat. apparently serious enough to close all of these embassies. and more broadly, i think you are seeing the collapse of a lot of the progressive doctrine that has gone into obama's foreign policy this notion that beginning even before obama took office in berlin that you could go and apologize for america. blow kisses at europe, then, you know,...
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Aug 10, 2013
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the affiliate in yemen was trying to bomb western jetliners over detroit. several years ago. so this has been going on for some time. al qaeda and north africa tried to take over earlier this year and would have succeed seeded had it not been for french intervention. >> you could have made the same argument 15 years ago -- is afghanistan a threat to us? distant highly -- remote little country in the middle of asia. but it is a threat to the extent it provides a secure base from which al qaeda can plan and plot. that's the issue. now the biggest threat increasingly i would say is not yemen but syria where we have thousands of fighters affiliated and other al qaeda linked al qaeda groups. and that are gaining strength. they are gaining expertise and gaining fighting experience. >> they are create sanctuaries inside of syria which will be presumably very hard for us to penetrate. >> right. not only that but they are importing jihadis from europe that will go home at one point back to hamburg or -- madrid. then they are going to create perpetrate you jihadi -- >> we were told tha
the affiliate in yemen was trying to bomb western jetliners over detroit. several years ago. so this has been going on for some time. al qaeda and north africa tried to take over earlier this year and would have succeed seeded had it not been for french intervention. >> you could have made the same argument 15 years ago -- is afghanistan a threat to us? distant highly -- remote little country in the middle of asia. but it is a threat to the extent it provides a secure base from which al...
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Aug 10, 2013
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look at pictures of detroit today. you see some of the devastation, some of the blighted communities, but yet, there are some people there moving back in and trying to do their best to actually hold their heads above water. what do they have to do to bring this city out of bankruptcy and into a place of promise again? >> well, i think that one of the first things is to have a city run by people that are credible. and -- that people believe if they come in there to try and do something, that -- whatever terms they get are going to be realized. and that when they start building something, it is not going to be torn out from underneath them and retraded like a tax break or things like that. where you find municipalities and states trying to track new business by using hose methods. so i think that's a first step. they have got to make sure that they remain credible and right now i think that's a really big issue. if they can do that, then i think that the next step is to bring in tax breaks and other incentives for new in
look at pictures of detroit today. you see some of the devastation, some of the blighted communities, but yet, there are some people there moving back in and trying to do their best to actually hold their heads above water. what do they have to do to bring this city out of bankruptcy and into a place of promise again? >> well, i think that one of the first things is to have a city run by people that are credible. and -- that people believe if they come in there to try and do something,...
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Aug 31, 2013
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we have seen it with one scandal after another whether you are the mayor of detroit going to jail or you are the governor of illinois it goes on and on. the just obliterate the label. but if you are a republican, it leads with republican. the republican larry craig today. and you see that coverage. it is
we have seen it with one scandal after another whether you are the mayor of detroit going to jail or you are the governor of illinois it goes on and on. the just obliterate the label. but if you are a republican, it leads with republican. the republican larry craig today. and you see that coverage. it is
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Aug 7, 2013
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. >> did he mention detroit? >> of course he talked about detroit. >> i distinctly remember -- >> of course he has. >> we're going to leave it there. >> right. >> ladies. >> thanks, sean. >> today was the first day of the trial for major nadal hassan. remember workplace violence. the alleged foot hood shooting gunman. he put on a disgusting display in the courtroom tonight. we're going to head down to tex texas. we have a brutal beating on a florida school bus all caught on tape. we'll show you what happened and examine why nothing was done to stop this. you get to select tonight's video of the day. it appears a bear wanted a late night snack, it went to great lengths to get one. hey, boo boo. you can also vote on twitter@seanhannity. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why
. >> did he mention detroit? >> of course he talked about detroit. >> i distinctly remember -- >> of course he has. >> we're going to leave it there. >> right. >> ladies. >> thanks, sean. >> today was the first day of the trial for major nadal hassan. remember workplace violence. the alleged foot hood shooting gunman. he put on a disgusting display in the courtroom tonight. we're going to head down to tex texas. we have a brutal beating on a...
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Aug 30, 2013
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detroit, america is in big trouble. that's our show. see you next week.dends to watch, and have a great night. lori: a very good evening thank you so much peer being with us, i am lori rothman in for lou dobbs. >> obama administration making its case for taking military action against syria, briefing lawmakers about their conclusion that syria government carried out a large scale chemical weapons attack, tonight we speak with fox news military analyst, general jack king on whether the president is justified in takes action. even without the backing of allies or the united nations. >> and questionsemain about our involvement in libya. and the terrorist attack in benghazi, we'll talk with larry ward, a group of special operation veterans who are calling on house speaker john boehner to create a appreciate committee to -- special committee t investigate the attack. >> and administration refusing to enforce a law it does not like, now giving states green light to adopt regulation legalizing small amounts of marijuana, dobbs lawakes up the c
detroit, america is in big trouble. that's our show. see you next week.dends to watch, and have a great night. lori: a very good evening thank you so much peer being with us, i am lori rothman in for lou dobbs. >> obama administration making its case for taking military action against syria, briefing lawmakers about their conclusion that syria government carried out a large scale chemical weapons attack, tonight we speak with fox news military analyst, general jack king on whether the...
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Aug 10, 2013
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. >> republican promises and lies were at the core of the destruction of detroit. you have to admit that outsourcing and laying money offshore and not paying taxes, that's a republican thing. >> so no republican governance at all in that city since 1961. one republican councilmember, same congressman, john dingle for 57 years, since he was 29. tax and spend policies. city pensions, benefits handed out, the largest chunk, and it is all the republicans. >> really? that's an old progressive trick which is to blame the federal government or reagan or some long lost republican administration for what is happening locally as though local leaders have no responsibility. they've done that in other places. not just detroit. talked to people in oakland. do they blame who they've elected in oakland? no. they've blamed someone else, somewhere else. republicans are an easy target. >> let's go. and i jokingly said it. liz cheney, the daughter of vice president cheney, she is now getting attacked. and this is also one of the other haters out there. mike malloy. >> the vampire's d
. >> republican promises and lies were at the core of the destruction of detroit. you have to admit that outsourcing and laying money offshore and not paying taxes, that's a republican thing. >> so no republican governance at all in that city since 1961. one republican councilmember, same congressman, john dingle for 57 years, since he was 29. tax and spend policies. city pensions, benefits handed out, the largest chunk, and it is all the republicans. >> really? that's an old...
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Aug 5, 2013
08/13
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detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city owned check at the dia. orr's statement goes on to say there has never been nor is there now any plan to sell the art. this valuation as well as the valuation of other city assets is an integral part of the restructuring process. he said they will also advise the city on non-sale alternatives. not sure what that means. they will value works like this one, a van gogh portrait that could be worth over $100 million alone, it includes works of picasso, miguel. they say they will continue to folks on being as positive force for the city. this has been a huge controversy with some of the public pensions saying
detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city...
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Aug 9, 2013
08/13
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they don't have to pay union dues. >> can you blame detroit for being unfriendly? >> i wouldn't want there to be a city. >> i wouldn't want to live there. also, albany has the state government of new york. so does sacramento. i think there is something to that. look at these cities. charleston, south carolina. it is a friendly city. i love south carolina. red, red, red. deep red. >> it was a slave state -- >> i believe the study. i think it is right on point. >> take a shot. >> there is a horse running by. >> greg looked at him eye to eye. >> what a cheap shot. >> you are the unfriendliest person at the table. >> i'm sure they stop before they go on vacation and say i wonder if this is the right to work place. >> correlation. >> you get people to come to your town by having it safe and hospitable. liberal programs have destroyed that city, bob. >> everyone of them, brother. everyone of the colleges and universities have been destroyed by liberals. go to another country. get yourself another university. one more thing is up next and that is a communist free zone. te
they don't have to pay union dues. >> can you blame detroit for being unfriendly? >> i wouldn't want there to be a city. >> i wouldn't want to live there. also, albany has the state government of new york. so does sacramento. i think there is something to that. look at these cities. charleston, south carolina. it is a friendly city. i love south carolina. red, red, red. deep red. >> it was a slave state -- >> i believe the study. i think it is right on point....
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Aug 6, 2013
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when they come back from vacation, we will find that detroit is still looming, maybe chicago will be worse, illinois, all those problems are still going to be there and a whole lot more debt to deal with. we have done little. that window is closing and talk is cheap. we have done little to address the national problems. >> amazing, buddy, thank you very much. >> the news corp. organization thanking me, please, i am doing what i can for the mother ship. >>> also want to let you know about billionaires when they buy newspapers, jeff bezos and others, he has some big ideas, then it erupted and fell apart. sam with messages for jeff tonight on fbn and only fbn. you don't get it? >>> hello, i'm andrea tantaros with bob beckel, david webb, dana perino, greg gutfeld. it is 5:00 in new york city. this is "the five." well, he was the only person jailed after terrorists stormed our consulate on 9/11 in benghazi, despite having nothing to do with the attack. the filmmaker has given a new interview, and he says he wants the world to see the truth about islamist extremists. but first, the terror
when they come back from vacation, we will find that detroit is still looming, maybe chicago will be worse, illinois, all those problems are still going to be there and a whole lot more debt to deal with. we have done little. that window is closing and talk is cheap. we have done little to address the national problems. >> amazing, buddy, thank you very much. >> the news corp. organization thanking me, please, i am doing what i can for the mother ship. >>> also want to let...
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Aug 5, 2013
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think of that detroit airliner bombing. >> that terror group has significant capabilities, expertise and resources. 19 of the almost two dozen american diplomatic posts throughout northern africa that were closed sunday will not open for the rest of the week, as we mentioned earlier and prompting officials that the obama administration said was on the run is running right towards us. the newest messages by senior al qaeda members show the urging of an attack may be complete. >> some individuals who are making plan such as we saw before 9/11, whether they are going to be suicide deaths that are used or whether they're planning on vehicle-borne cars, we don't know. >> counterterrorism officials were paying plenty of attention because of a rash of brazen prison breaks in three countries, freeing hundreds of extremists. july 26, nearly 1,200 inmates were set free in benghazi, libya. july 30th, pakistan, taliban gunmen freed 200 inmates. want it just recently we were told that al qaeda was all but left for dead? >> today al qaeda is on its heels and osama bin laden is dead. >> from the at
think of that detroit airliner bombing. >> that terror group has significant capabilities, expertise and resources. 19 of the almost two dozen american diplomatic posts throughout northern africa that were closed sunday will not open for the rest of the week, as we mentioned earlier and prompting officials that the obama administration said was on the run is running right towards us. the newest messages by senior al qaeda members show the urging of an attack may be complete. >> some...
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Aug 13, 2013
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finally the ugly, a mixup on voting billboard in detroit. it reads election day is december 2 when actually it is november 5. >> time for your brew on responses. we told you about the possibility that all cars will be equipped with a black box by next year. the boxes can already monitor speed, seat belt use and potentially blood alcohol levels. >> 96% of new cars already have them but are they an invasion of privacy. yes, this could cause me to rethink a new car purchase. it smacks of government intrusion possibility. >> jeffrey tweeted the black box would only be an invasion of privacy if used against the operator without operator's consent. >> another viewer tweeted i will not drive a car that contains a black box. government gone wild. >> thanks to all of you who responded. "fox & friends" starts right now. we hope you have a great day. >> good morning. it is tuesday, august 13 already. i'm gretchen carlson. thanks for sharing part of your day with us. >>> the master al qaeda bomb maker suspected to be behind the latest threat of explodin
finally the ugly, a mixup on voting billboard in detroit. it reads election day is december 2 when actually it is november 5. >> time for your brew on responses. we told you about the possibility that all cars will be equipped with a black box by next year. the boxes can already monitor speed, seat belt use and potentially blood alcohol levels. >> 96% of new cars already have them but are they an invasion of privacy. yes, this could cause me to rethink a new car purchase. it smacks...
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Aug 14, 2013
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you can't make those movies, you can make them in chicago, make them in detroit, make them in atlanta, can't make them here. why did chicago's murder rate go down awhile? new york cops went there. >> yep. >> and now we're going to adopt the practices of the losers and return to the 1970s and 1980s. >> this is too successful. >> so you override the constitution? >> the nsa program. successful. >> it is not. it is very much different. there's probable cause. >> what is the probable cause? >> someone acting suspicious. >> one of the suspects was crawling out of a window of a dilapidated home. another was a wanted poster. he looked exactly like the one on wanted poster. these are the ones the judge said were constitutional. no, this judge is wrong on this, makes me want to leave new york. so ridiculous. >>> coming up, willie robertson makes a guest appearance on "the five." stick around. please. what's this? uhh, it's my geico insurance id card, sir. it's digital, uh, pretty cool right? maybe. you know why i pulled you over today? because i'm a pig driving a convertible? tail light's out.
you can't make those movies, you can make them in chicago, make them in detroit, make them in atlanta, can't make them here. why did chicago's murder rate go down awhile? new york cops went there. >> yep. >> and now we're going to adopt the practices of the losers and return to the 1970s and 1980s. >> this is too successful. >> so you override the constitution? >> the nsa program. successful. >> it is not. it is very much different. there's probable cause....
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workers hungry for more pay, walking out of their jobs forcing the closure of at least one mcdonald's in detroit, protests took place in 1 14 many cities -- in many cities demanding pays to $15 an hour. my next guest said that conflict in syria creates a unfriendly environment for the markets despite some up lifting economic news today, welcome steven whiting. syria, a new worry that many investors are not app days pay theeing, how does it affect the market. >> it added to a range of concern, tapering issue by fed goes on and on. the general troubel that has been in emerging markets, trouble to get savings flows they had in past decade, a lot of turmoil in the currency markets. lori: why is that important? many are hitting multiyear lows right now? >> this is a big trend change, in last decade dollar fell in 8 out of 10 years through 2011, and domestic investors tried to move their money overseas are international investors tried to leave dollar-based assets but the dollar got cheap, a lot of things like pick up in crude oil supplies from united states, making effect of syria and other disruptio
workers hungry for more pay, walking out of their jobs forcing the closure of at least one mcdonald's in detroit, protests took place in 1 14 many cities -- in many cities demanding pays to $15 an hour. my next guest said that conflict in syria creates a unfriendly environment for the markets despite some up lifting economic news today, welcome steven whiting. syria, a new worry that many investors are not app days pay theeing, how does it affect the market. >> it added to a range of...
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chicago and detroit? i spent time in both places, anybody who have been to those places say chicago's nothing like detroit, and look at the reasons that it actually doesn't make sense they would be on the same path. chicago, different city than detroit in that there's a strong tax base, a growing population. detroit's population, you know, famously has slunk dramatically. there's companies moving into town, boeing recently relocated its corporate headquarters here, and it's also a multiindustry city, not like detroit with a single industry that drives the town, but here's how they are the same. pensions, it comes down to pensions. municipal pensions. chicago has four pension funds, short about $20 billion. they got a budget deficit of about three-quarters of a million dollars. moody's downgrade the the city, and it's not going to get better as time goes on. in 2015, a new state law requires even more to be put into the pension funds, and that could cause property tax increase of maybe a hundred to 150%. a
chicago and detroit? i spent time in both places, anybody who have been to those places say chicago's nothing like detroit, and look at the reasons that it actually doesn't make sense they would be on the same path. chicago, different city than detroit in that there's a strong tax base, a growing population. detroit's population, you know, famously has slunk dramatically. there's companies moving into town, boeing recently relocated its corporate headquarters here, and it's also a multiindustry...
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peralta from the detroit tigers. those type of players. but nine or ten in all. >> a-rod is the big fish here. has he been injured? playing in the minor leagues. or was this part of the plan so as to bring maybe an easy blow to the yankees team or the fans? could there be a real link here? >> well, he was upset. he said they should send him bag earlier. he was healthy enough to play. he had hip surgery in january and almost about to come back july fourth weekend when he had an injury and so now it's been delayed and he says i'm healthy. the yankees say, okay, looks like you are. all word is he'll be in chicago tonight suiting up to be in the starting lineup tomorrow night against the white sox. >> wow. healthy enough to be suspended and play because he's appealing. bob, thank you so much for your time. appreciate it for this breaking story to us. >> fred, pleasure. thank you. >>> okay. still talking about sports. in a way. next week, how about the pga? how about walt disney and the obama family? what do they have to common? i'll talk about
peralta from the detroit tigers. those type of players. but nine or ten in all. >> a-rod is the big fish here. has he been injured? playing in the minor leagues. or was this part of the plan so as to bring maybe an easy blow to the yankees team or the fans? could there be a real link here? >> well, he was upset. he said they should send him bag earlier. he was healthy enough to play. he had hip surgery in january and almost about to come back july fourth weekend when he had an...
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detroit is dead and al qaeda is obviously alive. it's a distinction he wants to make and pretend he's always been making it, but it does shed light on why they so insistent on denying that the benghazi attack was a terror attack by an affiliate of al qaeda, because, remember, the run-up to the election, al qaeda was supposedly dead, and it would have meant admitting that there were al qaeda affiliates even in north africa. this isn't even in yemen that everybody knew about, but even in north africa. capable enough of attacking an embassy, sacking it and killing an ambassador. so a distinction they only used after an election as a way to cover-up the cover-up that happened before the election. >> julie, ed henry asked about benghazi and the president september 12th of last year saying that those responsible will be brought to justice. take a listen to his answer. >> i also said that we'd get bin laden and i didn't get him in 11 months. so we have informed i think the public that there's a sealed indictment. it's sealed for a reason.
detroit is dead and al qaeda is obviously alive. it's a distinction he wants to make and pretend he's always been making it, but it does shed light on why they so insistent on denying that the benghazi attack was a terror attack by an affiliate of al qaeda, because, remember, the run-up to the election, al qaeda was supposedly dead, and it would have meant admitting that there were al qaeda affiliates even in north africa. this isn't even in yemen that everybody knew about, but even in north...
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didn't do anything about detroit, 47% illiteracy rate, didn't do anything about camden, new jersey. south central, send your kid to south central, they could see the hippy commune. how about reality. figured i have money, i can send my kids somewhere safe where they can grow up, won't advocate for other kids having a shot at the same thing. >> i am all for choice. advocate for change, whatever it is. he does agitate me. >> what a washing machine does. >> he can send his kid where he wants, why can't all parents have that option, parents that don't make the money he does on movies. he speaks for teachers, it is hypocritical, but what's worse, he supports leaders and politicians who do not empower choice for parents to pick schools. this is a great opportunity for president obama, charter school, to reach out on education and he hasn't done it. it is another missed opportunity. send your kid to private school, just let other parents be able to do the same. >> greg, president obama did reach out to charter schools. first thing he did, pulled the plug on students in washington, d.c. and
didn't do anything about detroit, 47% illiteracy rate, didn't do anything about camden, new jersey. south central, send your kid to south central, they could see the hippy commune. how about reality. figured i have money, i can send my kids somewhere safe where they can grow up, won't advocate for other kids having a shot at the same thing. >> i am all for choice. advocate for change, whatever it is. he does agitate me. >> what a washing machine does. >> he can send his kid...
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dagen: i am a daily reader of the detroit free press. it was last week you ran article about some of the things that were bothersome like car loans, the terms are getting longer. why is that disturbing? why should we be concerned about that? >> a couple things to keep an eye on to make sure they don't get out of whack and one of the ms. this 72 month, six your car loan accounted for 30% of sales in july. that is a long time supporting higher sales prices for cars. the average car costss$28,000. that is good but if people are stuck in loans that are so long that the car's worth less than they owe that is a problem. dagen: one last thing. how do people in default if the elected a bankruptcy filing? talking about how great car sales are but how are the folks doing? >> it is a mixed picture. there is nervousness, there is a feeling that a lot of this had to happen, it was inevitable and the future is better but how we get from here to the future is an uncharted road. dagen: thanks for being here, you're welcome back anytime, taught cars all
dagen: i am a daily reader of the detroit free press. it was last week you ran article about some of the things that were bothersome like car loans, the terms are getting longer. why is that disturbing? why should we be concerned about that? >> a couple things to keep an eye on to make sure they don't get out of whack and one of the ms. this 72 month, six your car loan accounted for 30% of sales in july. that is a long time supporting higher sales prices for cars. the average car...
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., detroit and chicago. have the highest gun murder rates in the entire country. we also know the converse that in areas of the country where gun control is relatively lax, crime rates go down. an armed society is a safer society. that's a different question than the police in stop and frisk. >> that's not necessarily true. in texas, they have you know, you can carry and it's fairly easy to acquire a gun legally. but houston is -- you know, it's a dangerous place because you have got a lot of that what we were talking about. the neighborhoods that are out-of-control. that's where all the crime begins. do you believe stop and frisk, colmes, is racial profiling? >> the way they do it in new york is i'm not against stop and frisk and neither is the court. the court way it's being implemented in new york in newark where they're every month putting on line who is being stopped. racial -- what race they are and complete transparency that's the way to do it. and civil libertarians. >> bill: have an officer who stops somebody do what? >> write down how are stopping. write
., detroit and chicago. have the highest gun murder rates in the entire country. we also know the converse that in areas of the country where gun control is relatively lax, crime rates go down. an armed society is a safer society. that's a different question than the police in stop and frisk. >> that's not necessarily true. in texas, they have you know, you can carry and it's fairly easy to acquire a gun legally. but houston is -- you know, it's a dangerous place because you have got a...
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it's another step closer to making new york city like detroit. we're not detroit. but with actions like this and with actions like the city council where they just recently passed a law that says individuals can actually sue policemen individually, not corporately, it's really unfortunate. >> gretchen: it's interesting to see when you have the police commissioner, ray kelly and the mayor agreeing so strongly on this particular issue, 'cause they don't agree on everything, to see them come out and be so upset about this must say something about the way in which they've been conducting business for the last decade. i just want you to look at the stats. here is new york city crime stats. 2012-2013, murder down 27.5%. murder down, shooting incidents down, 28.6%. so joe, how do you expect that to change when officers can no longer stop and frisk? >> well, officers can still stop and frisk, but they're going to be handcuffed in how they do it. the judge basically thinks and without any credible evidence that police officers are stopping people for -- without having any s
it's another step closer to making new york city like detroit. we're not detroit. but with actions like this and with actions like the city council where they just recently passed a law that says individuals can actually sue policemen individually, not corporately, it's really unfortunate. >> gretchen: it's interesting to see when you have the police commissioner, ray kelly and the mayor agreeing so strongly on this particular issue, 'cause they don't agree on everything, to see them come...
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birmingham bowl and the bowl yet to be named in detroit. atlantic coast conference, have a great day! [ male announcer ] you'll never see weekday lunch the same again! it's red lobster's rlunch. seven selections made for your lunch break, like simp tacos and grilled shrimp salad with soup. all jt $7.99. come inoday for rlunch and sea food differently. >>. >> shep: before the break we told you that the president had cancelled the summit meeting about the russian leader over recent tensions with moscow. one factor in that move in the recent decision to provide temporary asylum to snowden. so, are you surprised? >> snowden is a big part of this. remember there are a lot of other things that are going wrong in the relationship between united states and russia. you showed a photo earlier from the sitdown a few months ago. it's kind of a reflection of the bad relationship they have right now. where is it stemming from? look no further than syria, where united states and russia are two sides of war. they are concerned that russians are funding ass
birmingham bowl and the bowl yet to be named in detroit. atlantic coast conference, have a great day! [ male announcer ] you'll never see weekday lunch the same again! it's red lobster's rlunch. seven selections made for your lunch break, like simp tacos and grilled shrimp salad with soup. all jt $7.99. come inoday for rlunch and sea food differently. >>. >> shep: before the break we told you that the president had cancelled the summit meeting about the russian leader over recent...